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OMB APPROVAL
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OMB Number 3235-0287
Expires: September 30, 1998
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject of Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person
Evslin Tom I
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(Last) (First) (Middle)
c/o ITXC Corp.
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(Street)
600 College Road East
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(City) (State) (Zip)
Princeton NJ 08540
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2. Issuer Name and Ticker or Trading Symbol
ITXC Corp. - ITXC
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
November 2000
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ X ] Director [ X ] 10% Owner
[ X ] Officer (give title below) [ ] Other (specify below)
Mr.Evslin is Chairman, Chief Executive Officer, President; Ms. Evslin
is Vice President, Customer Success (but not a director)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[ ] Form filed by One Reporting Person
[X ] Form filed by More than One Reporting Persion
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Common Stock 11/24/00 P 80,000 A $8.0625
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Common Stock 11/27/00 P 20,000 A $8.50 4,631,662(1) D Jointly owned
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Common Stock 823,104(2)(3) D By Mr. Evslin
directly
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Common Stock 715,275(4)(5) D By Ms. Evslin
directly
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Common Stock 143,893(4)(5) I By Ms. Evslin
as trustee of
grantor
retained
annuity trust
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Common Stock 7,000(3)(4) I By adult child
living in the
Evslins' home
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly
<PAGE>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
9. 10.
Number Owner-
of ship
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
of Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
(1) Gives effect to gifts made by the filers hereof, which transfers are
permitted to be reported on a deferred basis and will be reported by the
filers hereof on a Form 5 within 45 days after the end of this calendar
year.
(2) Includes shares distributed from a fund, which transfer is permitted to be
reported on a deferred basis and will be reported by the filers hereof on a
Form 5 within 45 days after the end of this calendar year.
(3) Ms. Evslin disclaims beneficial ownership of the shares owned by Mr. Evslin
and by the adult child who lives in her home.
(4) Mr. Evslin disclaims beneficial ownership of the shares owned by Ms.
Evslin, by Ms. Evslin as trustee of a grantor retained annuity trust and by
the adult child who lives in his home.
(5) Ms. Evslin's grantor retained annuity trust made a distribution to Ms.
Evslin in accordance with the trust agreement, which transfer is permitted
to be reported on a deferred basis and will be reported by the filers
hereof on a Form 5 within 45 days after the end of this calendar year.
Tom I. Evslin
By:/s/ Peter H. Ehrenberg
________________________________ November 28, 2000
**Signature of Reporting Person Date
Peter H. Ehrenberg, Esq.,
Attorney-in-Fact
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedures.
Potential persons who are to respond to the collection of information
contained in this form are not required unless the form displays a
currently valid OMB Number
